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Springhill Oaks 3655 Old Shell Rd 17 Unit Apartment Building $2,805,000 ($165,000/Unit) Mobile, AL 36608
Investment Highlights
- Class A Location, Highest Demographics in Mobile, Community Pool and Gym
Executive Summary
17 units for sale
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,805,000 | Apartment Style | Garden |
| Price Per Unit | $165,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 2.59 AC |
| No. Units | 17 | Building Size | 38,675 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1986/2024 |
| Price | $2,805,000 |
| Price Per Unit | $165,000 |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.59 AC |
| Building Size | 38,675 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2024 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Microwave
- Heating
- High Speed Internet Access
- Refrigerator
- Tub/Shower
- Family Room
Site Amenities
- Fitness Center
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 17 | $1,775 | - |
1 1
Property Taxes
| Parcel Numbers | Total Assessment | $222,640 (2025) | |
| Land Assessment | $85,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $137,640 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$85,000 (2025)
Improvements Assessment
$137,640 (2025)
Total Assessment
$222,640 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Springhill Oaks | 3655 Old Shell Rd
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